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Magog, QC
Full City Profile · Quebec
2.9
/5.0
C+
Fair
28,312
Population
508/sq mi density
$62,400
Median Income
$47,120 per capita
$284,000
Home Value
$685
Median Rent
15.6% income on rent
45°F
Avg Temperature
255 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$62,400 median income, 7.8% unemployment
A
Affordability
4.1 / 5.0
$284,000 home value, $685/mo rent
C+
Safety
2.5 / 5.0
D
Education
2.0 / 5.0
11.9% bachelor's degree or higher
Housing Overview
Median Home Value
$284,000
1% above
US avg: $281,900
Median Rent
$685/mo
41% below
US avg: $1,163/mo
Homeownership Rate
61.9%
5% below US avg (65.4%)
Total Housing Units
13,440
Ownership vs. Renting
61.9%
Owner-Occupied
38.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
15.6%
of renters spending 30%+ of income on housing
50% below US avg (31.0%)
Homeownership Rate
61.9%
Complete Housing Data
Home Values
| Census Median Value | $284,000 |
Rent
| Census Median Rent | $685 |
Market
Ownership & Stock
| Owner-Occupied | 61.9% |
| Renter-Occupied | 38.1% |
| Homeownership Rate | 61.9% |
| Total Housing Units | 13,440 |
| Rent Burden | 15.6% |